The price of Southwest Airlines Co (NYSE: LUV) closed at $28.76 in the last session, down -14.86% from day before closing price of $33.78. In other words, the price has decreased by -$5.02 from its previous closing price. On the day, 40889705 shares were traded.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Ratios:
We take a closer look at LUV’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.07 and its Current Ratio is at 1.14. In the meantime, Its Debt-to-Equity ratio is 0.87 whereas as Long-Term Debt/Eq ratio is at 0.85.
On February 20, 2024, Deutsche Bank Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $28 to $42.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 02 ’23 when Green Ryan C. sold 4,936 shares for $29.94 per share. The transaction valued at 147,787 led to the insider holds 26,361 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LUV now has a Market Capitalization of 17.16B and an Enterprise Value of 14.89B. As of this moment, Southwest’s Price-to-Earnings (P/E) ratio for their current fiscal year is 39.11, and their Forward P/E ratio for the next fiscal year is 11.71. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.74. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.66 while its Price-to-Book (P/B) ratio in mrq is 1.63. Its current Enterprise Value per Revenue stands at 0.57 whereas that against EBITDA is 6.23.
Stock Price History:
Over the past 52 weeks, LUV has reached a high of $39.53, while it has fallen to a 52-week low of $21.91. The 50-Day Moving Average of the stock is 31.50, while the 200-Day Moving Average is calculated to be 30.25.
Shares Statistics:
According to the various share statistics, LUV traded on average about 7.93M shares per day over the past 3-months and 8.74M shares per day over the past 10 days. A total of 596.51M shares are outstanding, with a floating share count of 593.72M. Insiders hold about 0.49% of the company’s shares, while institutions hold 82.98% stake in the company. Shares short for LUV as of Feb 29, 2024 were 17.56M with a Short Ratio of 2.22, compared to 20.66M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.94% and a Short% of Float of 3.32%.
Dividends & Splits
The forward annual dividend rate for LUV is 0.72, which was 0.72 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 2.13%, it implies a Forward Annual Dividend Yield of 2.50%. The stock’s 5-year Average Dividend Yield is 1.03. The current Payout Ratio is 99.09% for LUV, which recently paid a dividend on Mar 27, 2024 with an ex-dividend date of Mar 05, 2024. Stock splits for the company last occurred on Feb 16, 2001 when the company split stock in a 3:2 ratio.
Earnings Estimates
The company has 16 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.08 for the current quarter, with a high estimate of $0.03 and a low estimate of -$0.37, while EPS last year was -$0.27. The consensus estimate for the next quarter is $0.83, with high estimates of $1.21 and low estimates of $0.54.
Analysts are recommending an EPS of between $2.4 and $1.19 for the fiscal current year, implying an average EPS of $1.81. EPS for the following year is $2.45, with 18 analysts recommending between $3.2 and $1.9.
Revenue Estimates
According to 13 analysts, the current quarter’s revenue is expected to be $6.49B. It ranges from a high estimate of $6.55B to a low estimate of $6.43B. As of the current estimate, Southwest Airlines Co’s year-ago sales were $5.73B, an estimated increase of 13.30% from the year-ago figure. For the next quarter, 13 analysts are estimating revenue of $7.63B, an increase of 8.40% less than the figure of $13.30% in the same quarter last year. There is a high estimate of $7.82B for the next quarter, whereas the lowest estimate is $7.48B.
A total of 17 analysts have provided revenue estimates for LUV’s current fiscal year. The highest revenue estimate was $29.21B, while the lowest revenue estimate was $26.99B, resulting in an average revenue estimate of $28.49B. In the same quarter a year ago, actual revenue was $26.09B, up 9.20% from the average estimate. Based on 17 analysts’ estimates, the company’s revenue will be $30.3B in the next fiscal year. The high estimate is $31.68B and the low estimate is $29.28B. The average revenue growth estimate for next year is up 6.30% from the average revenue estimate for this year.
